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cole_reynolds

El Salvador's President Bukele Uses Bitcoin for a Rebrand | Time - 0 views

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    Many competing factors have led to El Salvador's decision to accept bitcoin, like the president want to portray a millennial persona, the bitcoin community hearing for a playground, and a sluggish economy desperate for revitalization. This article details the many threads. However, critics worry that a volatile currency like bitcoin is not a viable currency. But both sides are light on their specifics. How will it play out?
arjunk2022

Bitcoin, ethereum rise as Venezuela launches digital currency - 0 views

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    Venezuela has decided to launch a government cryptocurrency: "Venezuela had announced in August that it is revamping its national currency, the bolivar and launching its central bank digital currency (CBDC) - the digital bolivar - on 1 October". While it may not be something they keep forever, it seems like it could help in the short term as Venezuela suffers from hyperinflation.
anays2023

Bitcoin, ethereum rise as Venezuela launches digital currency - 1 views

  • Bitcoin (BTC-USD) was up roughly 3% to trade at $44,537 (£33,108) while Ethereum (ETH-USD) the world's second largest crypto by market cap was up 2.3% to trade at $3,074.
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    Cool article that ties into the crypto discussion about Latin America
samueld2022

Central banks of Honduras, Guatemala eye digital currencies as El Salvador launches bit... - 1 views

  • Guatemala's central bank vice president Jose Alfredo Blanco said the bank was studying the possibility of a local digital currency that would be called iQuetzal.
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    Guatemala is thinking of following in the footsteps of El Salvador and adopting cryptocurrency as the official currency. A bold and dangerous move
anays2023

Fear and excitement in El Salvador as Bitcoin becomes legal tender - BBC News - 0 views

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    This is really important for the future of crypto currency especially in stabilizing the currency of foreign countries
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